Qualstar (FRA:QST1) Cash-to-Debt : 18.47 (As of Sep. 2023)

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What is Qualstar Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Qualstar's cash to debt ratio for the quarter that ended in Sep. 2023 was 18.47.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Qualstar could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Qualstar's Cash-to-Debt or its related term are showing as below:

FRA:QST1' s Cash-to-Debt Range Over the Past 10 Years
Min: 5.16 Med: No Debt Max: No Debt
Current: 18.43

During the past 13 years, Qualstar's highest Cash to Debt Ratio was No Debt. The lowest was 5.16. And the median was No Debt.

FRA:QST1's Cash-to-Debt is ranked better than
81.43% of 2999 companies
in the Industrial Products industry
Industry Median: 1.22 vs FRA:QST1: 18.43

Qualstar Cash-to-Debt Historical Data

The historical data trend for Qualstar's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Qualstar Cash-to-Debt Chart

Qualstar Annual Data

Trend

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Dec16

Dec17

Dec18

Dec19

Cash-to-Debt

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No Debt

5.48

Qualstar Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Sep22	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															5.57	5.48	6.79	N/A	18.47

Competitive Comparison of Qualstar's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Qualstar's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Qualstar's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qualstar's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Qualstar's Cash-to-Debt falls into.

Qualstar Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Qualstar's Cash to Debt Ratio for the fiscal year that ended in Dec. 2019 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	3.477	/	(0.227	+	0.408)
	=	5.48

Qualstar's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	2.383	/	(0.129	+	0)
	=	18.47

Qualstar (FRA:QST1) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Qualstar Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Qualstar's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Qualstar (FRA:QST1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Qualstar Corp (FRA:QST1) » Definitions » Cash-to-Debt

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QBAK:USA

Address

1 Jenner, Suite 200, Irvine, CA, USA, 92618

Website

https://www.qualstar.com

Qualstar Corp is a U.S based provider of data storage systems marketed under the Qualstar brand and of power solutions marketed under the N2Power brand. The company's segments include Power Supplies and Data Storage. Under the Power Supplies segment, it designs, manufactures and sells open frame switching power supplies. Under the Data Storage segment, it designs, manufactures and sells automated magnetic tape libraries used to store, retrieve and manage electronic data in network computing environments. It has its geographic presence in North America, Europe.

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